A Closer Look: Examining the CCRC Market in the U.S.
When considering a continuing care retirement community (CCRC), it is useful for prospective residents to gain an understanding of the CCRC market in general. At myLifeSite, we get a lot of great questions around this topic: Who are the largest CCRC players? What’s the split between for-profit and non-profit CCRCs? What geographic region has the [...]
Financial Caregiving: A Topic No One Wants to Discuss
Money. Even under the best of circumstances, it’s a subject few people want to discuss…even with individuals in their own family. But as people age, it becomes important—and sometimes necessary—that the senior’s adult children or another trusted person has an understanding of their financial situation—what is sometimes referred to as “financial caregiving.” It happens too [...]
The Key Difference Between Social Isolation & Loneliness
A few weeks ago, Bluespire Insider, a marketing group that focuses on promoting senior living communities, hosted a virtual roundtable conversation about innovative ways to encourage social connections for residents of continuing care retirement communities (CCRCs, or life plan communities), a subject I’m always interested in learning about. The roundtable was led by John Franklin [...]
Why the Future is Now for This Senior Living Provider
Two weeks ago, I had the pleasure of facilitating a workshop for representatives of not-for-profit Kendal Corporation’s senior living communities where we discussed trends, disruptors, threats, and opportunities faced by today’s continuing care retirement communities (CCRCs or “life plan communities”). More specifically, we discussed how each of the above should be considered in Kendal’s 5-year [...]
“Being here feels right”: A Firsthand Account of Moving to a CCRC
In last week’s blog post, I discussed my belief that all retirees should at least consider the possibility of moving to a retirement community. No, it won’t be the right senior living choice for everyone, but I would encourage everyone to at least look at this option with an open mind; while weighing out the [...]
Why Every Retiree Should Consider a Retirement Community
There are certain adages I distinctly recall my mother saying when I was a child. Among her repertoire of time-tested axioms: “Don't judge a book by its cover,” “Things are not always what they seem,” plus, of course, “You won't know until you try.” (And yes, in a karmic twist, I now say these exact [...]